1. Analysis of the current trend based on the Chaos Theory
1.1 End of the downtrend
Currently, a short-term bottom is formed near 91055.8, and an obvious stop-loss signal (long lower shadow and subsequent small positive line rebound) has appeared. This position can be regarded as a key support point. The downward trend has completed a decline at this position, and the current rebound is running an upward trend.
1.2 Central location
- Through observation, the central area formed in the early stage is approximately between 94500-97000:
- This area is a price-intensive area where bulls and bears engage in multiple rounds of bargaining.
- The current price has just broken through the lower edge of the central axis at 94500 and started to try to further test the upper edge of the central axis at 97000.
- The strength and volume of the rebound will determine whether it can effectively break through the center.
1.3 Trend Levels
- From the one-hour level:
- The current rebound is a correction to the previous downward trend, and the overall market is still in a large-scale bearish trend.
- If the price can break through and hold above 97000, it may turn into a pivotal oscillation or even an upward trend.
- If the rebound is blocked, it is likely to retest the effectiveness of the support at 91055.8.
2. Possible future trends
According to the logic of the Chaos Theory, the subsequent trend of the BTC one-hour chart may show the following two situations:
2.1 Trend 1: Weak rebound, another pullback
- condition
- The current rebound is blocked near 97000, and the bulls are unable to effectively break through the upper edge of the center.
- During the rebound, the volume decreases, and a divergence signal appears (the price reaches a new high but the momentum is insufficient).
- Deduction:
1. After the price fluctuated around 97,000, it turned to fall.
2. Test the support strength of 94500 again. If it falls below, it may continue to fall to 91055.8.
3. If 91055.8 is lost, the target below will be 88000-90000 area.
2.2 Trend 2: Rebound continues, breaking through the center
- condition:
- The current price has strongly broken through 97,000 and stabilized, entering a period above the upper edge of the central axis.
- The volume increased during the rise, indicating that the bulls were strong.
- Deduction:
After the price breaks through 97000, the next target will be 99000-100000.
If it can break through 100,000, it may turn into a larger upward trend, with the target at 102,000-105,000.
3. Key points and operation strategies of Chaos Theory
3.1 Key Locations
- Support Level:
- Short-term support: 94500 (lower edge of the center).
- Strong support: 91055.8 (previous low).
- Pressure level:
- Short-term pressure: 97000 (upper edge of the center).
- Strong pressure: 100000 (psychological barrier and technical pressure level).
3.2 Operational Strategy
- Breakout follow-up strategy:
- If the price breaks through 97,000 and stabilizes, you can try to follow and go long, with the target at 99,000 or higher.
- Callback intervention strategy:
- If the price pulls back to around 94,500 and gets support, you can consider going long with a light position, with the target at 97,000.
- Short defensive strategy:
- If the price is blocked near 97000 and a reversal signal appears (such as a long upper shadow and a black candle with large volume), you can short with a light position, with the target at 94500 or 91055.8.
4. Conclusion
From the perspective of Chaos Theory, the current trend of BTC one-hour chart is in a rebound phase, but the strength and continuity of the rebound still need to be observed. If it can break through 97,000 and continue with large volume, it is expected to form a larger level of reversal; if the rebound is weak, it may return to the downward trend and test the support area. $BTC
It is recommended to focus on the two key points of 97000 and 94500 in the future, and judge the direction of the trend based on the volume and K-line pattern.
